MRDIYT Posts 19.4% Profit Growth in 2Q2026, Joins SET50

MRDIYT Posts 19.4% Profit Growth in 2Q2026, Joins SET50
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MR. D.I.Y. Holding (Thailand) Public Company Limited reported robust financial results for the second quarter of 2026, with revenue rising 17.8% year-on-year to THB 5,832.1 million and net profit jumping 19.4% to THB 757.0 million. The strong quarterly performance was driven by continuous store expansion, higher customer transaction volumes, and operational execution across its retail network.

During the quarter, the retailer added 59 new stores, bringing its total nationwide network to 1,248 locations across all 77 provinces. Transaction volume grew 18.8% year-on-year to 34.9 million, supported by the company’s core value proposition and accessible store locations. Gross profit margin improved by 0.6 percentage points to 52.0%, while net profit margin reached 12.9%.

Network Expansion and Index Inclusion

The second quarter was marked by key capital market milestones for the company, including its official inclusion in the SET50, SET100, SET Well-being (SETWB), and the MSCI Global Small Cap Index. These additions reflect expanding recognition among domestic and international institutional investors following its initial public offering on the Stock Exchange of Thailand in November 2025.

“Our 2Q2026 results demonstrated the resilience of our business model and the strength of our disciplined expansion strategy,” said Mr. Andy Chin, Chief Executive Officer of MR. D.I.Y. Holding (Thailand) Public Company Limited. “Despite a more selective consumer spending environment, we continued to deliver healthy revenue and earnings growth while achieving several significant milestones. These included surpassing 1,200 stores nationwide and securing index inclusion in the SET50.”

MRDIYT Posts 19.4% Profit Growth in 2Q2026, Joins SET50
MRDIYT Posts 19.4% Profit Growth in 2Q2026, Joins SET50

Strategic Outlook and Targets

The company achieved 60% of its annual store expansion target within the first half of 2026, keeping it on track to open a total of 210 new stores during the full year. Financial flexibility for ongoing expansion remains backed by robust operating cash flow and a net cash position.

“Looking ahead, we remain focused on sustaining this momentum,” added Mr. Andy Chin. “The first half of 2026 has already achieved 60% of our annual store expansion target, reinforcing our confidence in opening 210 new stores this year. We remain committed to bringing affordable everyday essentials closer to more communities while building a stronger, more efficient retail platform for the future.”

Operational Profile

MR. D.I.Y. operates as a home improvement retailer in Thailand, directly managing its entire store footprint in strategic locations, including retail chains, shopping malls, and standalone properties. The stores carry products across six core categories: Hardware, Household and Furnishing, Electrical, Stationery & Sports, Toys, and Others.

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